INVESTMENTS AND SECURITIES TRIBUNAL HOLDS ANNUAL RETREAT IN KADUNA 15-12-24
By Sadiq Aminu The Investments and Securities Tribunal (IST) has commenced its three-day annual retreat in Kaduna, with the theme “Value Addition to IST through Legal Research, Reasoning and Entrepreneurial Skills.”
The retreat, which started today, aims at enhancing the capacity of IST members and promote the tribunal’s mandate.
In his welcome address, Chairman of the IST, Amos Isaac Azi, Esq., emphasized the importance of legal research, reasoning, and entrepreneurial skills in the tribunal’s operations.
He noted that these skills are essential for effective decision-making and justice delivery.
Azi also highlighted the significance of the retreat, stating that it provides an opportunity for IST Members to reflect on their journey, recommit to their service delivery, and invigorate their passion for sustaining investors’ confidence in the capital market.
The Chief Judge of Kaduna State, Muhammad Tukur Mu’azu Aliyu, welcomed the IST Members and emphasized the judiciary’s support for the tribunal.
“The Kaduna State judiciary is with you, and we will continue to work together to promote justice and fairness in our state.” He stated.
The Chief Judge also commended the IST for its efforts in resolving disputes in the capital market, noting that its work is critical to the development of the Nigerian economy.
The Chief Judge also encouraged the IST Members to continue striving for excellence in their service delivery.
“As adjudicators, you play a critical role in shaping the Nigerian capital market. I urge you to remain committed to your duties and continue to uphold the principles of justice and fairness.” He said.
A Resource Person from the Public Law Department of Bayero University Kano, Professor Rabiu Sani Shatsari, presented a paper on “Legal Research and Reasoning for Courts and Tribunals” on the first day.
He emphasized the importance of legal research skills in the tribunal’s operations, stating that it enables members to conduct thorough, well-informed, and fair decision-making processes.
Shatsari also noted that the IST is vested with exclusive and expansive jurisdiction over all disputes in the Nigerian capital market.
Shatsari highlighted the significance of the IST in the Nigerian capital market.
“The IST plays a critical role in resolving disputes and promoting confidence in the capital market. Its decisions have far-reaching implications for investors, companies, and the economy as a whole.” He said.
He commended the IST for its efforts in promoting justice and fairness in the capital market, noting that its work is critical to the development of the Nigerian economy.
On the second day of the retreat, Professor Abdullahi Muhammed of the Department of Public Administration of Nasarawa State University, Keffi (NSUK), will present a paper on “Entrepreneurship Skills for Serving and Retired Political Appointees with Focus on Soft Skills for Judges.”
The third day of the retreat will feature a roundtable discussion on “Points and Lessons from the presentations on the previous day” and “Improving the Operations, Processes and Structures of IST Case-Management.”
The discussion will focus on issues such as improving the achievement of the overriding objectives of the procedure rules of the tribunal, consistency in IST decisions unless there is compelling reason to depart, and the development of practice directions to effect issues agreed upon.
The retreat features paper presentations, roundtable discussions, and recreational activities.
It is expected to provide a platform for IST Members to share knowledge, experiences, and best practices in legal research, reasoning, and entrepreneurial skills.